In the Permanent Representatives Committee (COREPER I) today the Member States approved the compromise text regarding the Proposals for a new Regulation and for amendments of Directive of the European Parliament and of the Council on EU audit market reform. After the preliminary agreement on the proposed reforms earlier this week by the Lithuanian Presidency and the European Parliament during the final trilogues on 16-17 December, this allows reaching a first reading agreement, after the formal voting in the European Parliament and later in the Council.
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